GLOBAL DISTRIBUTION HEADQUARTERS | GLASGOW Purpose built headquarters distribution facility investment, on 67 acres with significant redevelopment potential.
GLOBAL DISTRIBUTION HEADQUARTERS | GLASGOW
Purpose built headquarters distribution facility investment, on 67 acres with significant redevelopment potential.
Harper Collins Publishers 03 02 Global Distribution HQ | Glasgow
GlasgowisoneofEurope’smostdynamicandvibrantcities.
SituatedintheaffluentsuburbofBishopbriggs,situatedjust5milesnorthofGlasgowcitycentre.
ExcellentaccesstoScotland’smotorwaynetworkviaJunction2oftheM80andJunction15oftheM8motorway.
Purposebuiltdistributionfacilityextendingto81,114sqm(873,119sqft)includingwarehouse,distributionandofficeaccommodationlaidoutover3separatebuildings.
Longleaseholdinterestconvertingtoaheritable(freehold)intereston28thNovember2015.
Sub-lettoWilliamCollinsSons&CompanyLimited,withHarperCollinsPublishersLimited,NewsCorpUK&IrelandLimitedandanAustralianentityformallyknownasTheNewsCorporationLimited,allactingasjointandseveralleaseguarantors.
Fullrepairingandinsuringsubleaseexpiring29August2025,withnobreaksoptions(approximately10yearsunexpired).
Passingrentof£5,132,000perannumandissubjectto5yearly,upwardsonlyrentreviews.ThenextreviewisinAugust2015.
Highlyprominent27.19hectare(67acre)sitewithexcellentfuturedevelopmentpotentialtohighervalueuses.
Investmentvalueunderpinnedbypotentialresidentialredevelopmentvalue.
Weareseekingoffersinexcessof£54,000,000exclusiveofVAT.
Ahighlyattractivenetinitialyieldof8.94%allowingforpurchaser’scostsof6.28%.
Secure income for 10 years to the world’s second largest book publisher, with globally recognised guarantors.
InvestmentOverview
Harper Collins Publishers 05 04 Global Distribution HQ | Glasgow
The property is sub-let in its entirety
to William Collins Sons & Company Limited.
Harper Collins Publishers Limited, News Corp UK and Ireland Limited and an Australian entity
formally known as The News Corporation Limited, all act as
joint & several lease guarantors.
Harper Collins Publishers 05 04 Global Distribution HQ | Glasgow
Harper Collins Publishers 07 06 Global Distribution HQ | Glasgow
GlasgowisScotland’slargestcitywithapopulationofnearly600,000.Thecity’sextensivecatchmentareaaccountsforapproximately40%ofScotland’stotalpopulation,with2.3mpeoplelivinginthegreaterGlasgowarea.
Glasgowbenefitsfromaknowledgebasedeconomywiththecitybeinghometoover130,000furtherandhighereducationstudentsfrom135countries,attendingfivehighereducationinstitutionsandthreesupercolleges.
GlasgowisScotland’slargestcentreofemployment.1.2mworkingagepeoplelivewithina45minutecommuteofthecity,contributingtothe£18bninGrossValueAddedeachyear.
Since2012Glasgowhascreatednearly6,000newjobsinkeysectors,includingfinancialandbusinessservices,lifescience,engineering,designandmanufacturingandlowcarbonindustries/cleantech.
Morethan100companieshaverelocatedtoGlasgowinthelastdecade,aslabourcostsinthecitycanbeupto12%lowerthanEdinburghand33%lowerthanLondon(Source:FDI.)
Thefinancialandbusinessservicessectorhasgrownsignificantlyinrecentyearswiththecitynowhometoanimpressiveline-upofbluechipcompaniesandmajorglobalorganisationsincluding:Barclays Wealth, Santander, Tesco Bank, Morgan Stanley, HSBC, NFU Mutual, esure, JP Morgan, BNP Paribas, Aon, RBS, KPMG, PWC, Lloyds Banking Group, Handelsbanken, AXA, RSA, and National Australia Group.
GlasgowiswidelyregardedastheUK’sstrongestshoppingdestinationoutsideLondon’sWestEnd,withtheprimeretailthoroughfareofBuchananStreetattractinganestimated1millionshoppersweekly.
TheEconomy
Glasgow is home to over 600,000 people making it the most populous city in Scotland.
Some 13,000 firms are present in the city, including one quarter of Scotland’s largest
businesses.
Harper Collins Publishers 09 08 Global Distribution HQ | Glasgow
Location
Bishopbriggsislocatedapproximately5milesnorthofGlasgowcitycentreand49mileseastofEdinburgh.Bishopbriggsbenefitsfromgoodtransportlinks,beinglocatedclosetoJunction2oftheM80andJunction15oftheM8motorways.TheM73/M74interchangeissituatedapproximately12milestothesoutheastviatheM8/M73.
GlasgowAirportandEdinburghairportareapproximatelya13milesand45milesrespectivelyfromBishopbriggs.Scotland’sprincipalairfreightterminal,Prestwick,issituatedapproximately36milessouth-westandprovidespassengerandairfreighttransportationworldwide.
A71
A71
A73
A721
A702
A702
A72
A707
A720
A68
A68
A1
A7
A7
A76
A70A77
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A78
A737
A82
A726
M74
M77
M8 M73
M80
M80
M9
M8
M77
GLASGOW
EDINBURGH
QUEENSFERRY
PEEBLES
HARWICKCUMNOCK
MAUCHLINE
DARVEL
DOUGLAS
CARLUKE
EAST KILBRIDE
BELLSHILL
KILMARNOCK
AYR
IRVINE
Troon - Larne
BEITH
DALRY
DUMBARTON
BEARSDEN
PAISLEY
DENNY
LIVINGSTON
FALKIRK
DUNFERMLINE
EDINBURGH AIRPORT
PRESTWICK AIRPORT
GLASGOW AIRPORT
A807
A879
A803
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A803
BISHOPBRIGGS
Location Distance Drive Time
Glasgow 5 miles 18 mins
Glasgow Airport 13 miles 23 mins
Prestwick Airport 36 miles 48 mins
Edinburgh Airport 45 miles 48 mins
Edinburgh 49 miles 1 hour 9 mins
Aberdeen 144 miles 2 hours 41 mins
Inverness 169 miles 3 hours 13 mins
Carlisle 97 miles 1 hour 45 mins
Manchester 218 miles 3 hours 34 mins
Birmingham 291 miles 4 hours 40 mins
London 413 miles 6 hours 51 mins
Situation
BishopbriggsisanaffluentsuburbofGlasgow.TheHarperCollinsheadquartersissituatedonWesterhillRoadwithinWesterhillBusinessPark.
M80
J2
J15
M8M8M8
BISHOPBRIGGS
A803
Westerhill Road
Proposed Relief Road(Phases 4 & 5)
Relief Road
Robroyston Road
A803
A803
BishopbriggsReliefRoadAccessibilitytoWesterhillRoadandBishopbriggswillbesubstantiallyimproveduponcompletionoftheproposedBishopbriggsReliefRoad,linkingWesterhillRoaddirectlytotheM80Motorway.
Phases1-3arealreadycompleteandweanticipatethatthefinalphasesofthisroaddevelopmentwillbecompletedin2016/2017.Uponcompletionthelocationwillbeanevenmoreattractiveprospectforarangeofcommercialandresidentialuses.
WesterhillRoadislocated2milesnorthofBishopbriggstowncentreandthesurroundingareaispredominantlymixedusecommercialwiththewiderareabeingmainlyresidentialinnature.
AvivaInsuranceandMcGaviganEngineeringbothoccupylargeofficessituatedimmediatelysouthoftheHarperCollinsHQ.StrathkelvinRetailParkisalsolocatedtothenorthoftheproperty.TenantsattheretailparkincludeMarks&Spencer,Next,Boots,Frankie&Benny’sandCostaCoffee.
Harper Collins Publishers 11 10 Global Distribution HQ | Glasgow
5
2
1
3
4
6
GlasgowCityCentre
BishopbriggsTrainStation
1Aviva Call Centre
2John McGavigan Engineering
3Strathkelvin Retail Park
4New residential development by Dawn
5Asda Superstore
6Bishopbriggs Town Centre
Key
DC2 and DC3
DC1
OFFICES
PROPOSED RELIEF ROAD
Purpose built distribution facility
extending to 873,119 SQ M
(873,119 SQ FT)
Harper Collins Publishers 15 14 Global Distribution HQ | Glasgow
The gross and net internal areas are as follows:
Unit Use SQ M SQ FT
DistributionCentre1(DC1) Storage 21,734GIA 233,947GIA
DistributionCentres2&3(DC2&DC3)70%Storage30%Distribution
48,810GIA 525,398GIA
HeadquartersOfficesBuilding Offices 10,570NIA 113,774NIA
Total 81,114 873,119
ThepropertywaspurposebuiltbyHarperCollinsbetween1973and1976tocompriseamanufacturinganddistributionfacilityextendingto81,114sqm(873,119sqft).Thereisapproximately550staffcurrentlyemployedatthisfacilitywhichcomprisesthefollowing:
> 2xhigh-baywarehouseunitsand1xhighbaydistributiondepotwithancillaryofficespaceknownasDC1,2and3;
> Thedistributionwarehousesareofsteelportalframeconstructionwithaneavesheightofapproximately7.62m;
> DC1has12docklevellers,DC2has3docklevellersandDC3has6loadingbays;
> Aseparateofficeblockarrangedovergroundand3upperfloors;
> Theofficeblockisofconcreteframedconstruction,withraisedaccessfloors,airconditioningand2liftsaccessingtheupperfloors;
> 2xgatehouses;
> 442surfacecarparkingspaces.
Tenure
Thesiteisheldonagroundlease(longleasehold)andtheholderofthetenant’sinterestisFuturestateLimited.Thegroundleaseisfor999yearsfrom28September1990atapeppercornrent.TheleaseholdtitleisleasedunderanoccupationalsubleasetoWilliamCollinsSons&CompanyLimited.
Thegroundtenanthastheoptionatanytimefrom28September2015topurchasetheLandlord’sheritable(freehold)interestfora£1.
Inanyevent,underthetermsoftheLongLeases(Scotland)Act2012,theleaseholdtitlewillautomaticallyconvertintoafreeholdtitleon28November2015.
Thesitecomprisesthreeseparatepartsasshownbelowandextendstoapproximately27.19hectares(67acres).Thesitecanbebrokendownintothefollowingcomponentparts:
DC1 29acres
DC2&DC3 28acres
AdditionalLand 10acres
Thesitecoverisapproximately30%oftheoverallacreageandsitesDC1andDC2/DC3arelinkedbyanunderpassbelowWesterhillRoad.
ItshouldbenotedthatHarperCollinsownlandadjacenttotheirHQbuildingtotalling38acresasoutlinedblueonthemapbelow.
Site1 15acres
Site2 23acres
Accommodation TheSite
DC2 and DC3
ADDITIONALLAND
SITE1
SITE2LandOwnedbyHarperCollins
(notinthesale)
LandOwnedbyHarperCollins(Notincluded
inthissale)
DC1
OFFICES
16 Global Distribution HQ | Glasgow Harper Collins Publishers 17
Tenancy> Thepropertyissub-lettoWilliamCollinsSons&
CompanyLimitedonFRItermsuntil29August2025(approximately10yearsunexpired).
> TheleaseisguaranteedonajointandseveralliabilitybasisbyHarperCollinsPublishersLimited,NewsCorpUK&IrelandLimitedandanAustralianentityformallyknownasTheNewsCorporationLimited.
> Thepassingrentis£5,132,000perannum.
> Thenextrentreviewison30August2015andfiveyearlythereafter.
> Thebasisoftherentreviewisupwardsonlytothehigherofthemarketrentasatthereviewdate;thethenpassingrent;anda‘notionalrent’.
> Therentreviewprovisionswithregardtothedefinitionof‘marketrent’and‘notionalrent’aredefinedintheleasewhichisaccessibletoreviewonthedataroom.
Harper Collins Publishers 019 018 Global Distribution HQ | Glasgow Harper Collins Publishers 19 18 Global Distribution HQ | Glasgow
SubTenant&Guarantors
HistoryWilliamCollins(fromGlasgow)setupacompanyin1819forprintingandpublishingpamphlets.Hewasresponsibleforprintingthefirstdictionary.
ThecompanywasrenamedWilliamCollinsSonsandCoLimitedin1868.In1917thefirmstartedpublishingfictionandultimatelybecameadiversecompanypublishingawidearrayoftitles.In1990,thecompanywasmergedwithUSpublisherHarperandRowandrenamedHarperCollinsPublishers.
HeadquarteredinNewYork,HarperCollinshaspublishingoperationsin18countriesincludingTheUnitedStates,Canada,UnitedKingdom,Australia,NewZealandandIndiaproducingglobalrevenuesofover$1bnannually.Withover200yearsofhistory,thecompanypublishesapproximately10,000newbookseveryyearinover30languagesandhasmorethan65uniqueimprintsaroundtheworld.
HarperCollinsPublishersisasubsidiaryofNewsCorp,anAmericanmultinationalmassmediacorporationheadquarteredinNewYork.
In2013,theoriginalcompanyNewsCorporation’spublishingoperationswerespunofftoformanew,publiclytradedcompanycalledNewsCorp.PreliminarytradingofNewsCorptookplaceontheAustralianSecuritiesExchangeinJune2013.NewsCorpoperatesaglobalnetworkofleadingmedia,news,educationandinformationservicesincludingHarperCollinsPublishers,NewsCorpUk,NewsCorpAustralia,DowJonesandNewYorkPost.
IntheUk,newspublicationsincludeTheTimes,TheSundayTimes,TheSun,TheDailyTelegraph,GQandVogue.
Furtherinformationcanbeobtainedonthecompanywebsites;
www.harpercollins.co.uk www.newscorp.com
William Collins Sons & Company limited
Incorporatedon2January1880,WilliamCollinsSons&CompanylimitedhasaDun&Bradstreetratingof2A1andasat30June2014recordedatangiblenetworthof£1,528,000.TheimmediateparentcompanyisHarperCollinsPublishersLimitedandGlobalultimateparentcompanyisNewsCorpInvestmentsUK&Ireland.
News Corp UK & Ireland Ltd
Incorporatedon28July1904,NewsCorpUK&IrelandLimitedhasaDun&Bradstreetratingof5A1andasat30June2014,recordedaturnoverof£1,205,200,000,pre-taxprofitof£75,500,000andtangiblenetworthof£628,300,000.TheimmediateparentcompanyisNewsCorpHoldingsUK&IrelandandGlobalultimateparentcompanyisNewsCorpUK&IrelandLtd.
Harper Collins Publishers Limited
Incorporatedon29November1949,HarperCollinsPublishersLimitedhasaDun&Bradstreetratingof5A1andasat30June2014,recordedaturnoverof£179,566,000,pre-taxprofitof£7,222,000andtangiblenetworthof£291,299,000.TheimmediateparentcompanyisWilliamCollinsHoldingLimitedandGlobalultimateparentcompanyisNewsCorpInvestmentsUK&Ireland.
Australianentityformallyknowas;The News Corporation Limited (nowknownasNewsAustraliaPTYLimited)
AtthetimeofsigningtheLeasein1990,thethirdguarantor(anAustraliancompany)wasknownas“TheNewsCorporationLimited”.Sincethen,itisunderstoodthattheNewsCorporationgrouphasundergonevariouscorporatereorganisations,andthatthethirdguarantorisnowknownas“NewsAustraliaPTYLimited”.ItisunderstoodthatthiscompanyisnowexemptfromproducingP&Laccountsandbalancesheetsgivenitscorporatestatus,thereforeacreditsearchagainstthisentityisnotavailable.
Giventhefinancialstrengthofthesubtenantandtheothertwoguarantors,andtheunderstandingthatthecompanyformspartoftheNewsCorpgroup,theabsenceofacreditsearchagainstthisthirdguarantorisnotconsideredrelevanttothesale.Apurchaserisexpectedtobesatisfiedwiththecovenantstrengthofthesubtenantandtheothertwoguarantors.
Harper Collins Publishers is the second largest consumer book
publisher in the world.
News Corp was the world’s third largest media
group in 2014 in terms of revenue.
Subtenant
Guarantors
Harper Collins Publishers 23 22 Global Distribution HQ | Glasgow
Planning
CurrentDevelopmentPlan IndicativeMixedUseMasterplan
The Scottish planning system is plan-led whereby planning applications should be determined in accordance with the development plan unless material considerations indicate otherwise (Town and Country Planning (Scotland) Act 1997).
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669000
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Petroleum Exploration and Development LicencePolicy 17
Mineral resources sitePolicy 17
# Waste management facilityPolicy 16
Business and employment sitePolicy 13
Local CentrePolicy 11
Village centrePolicy 11
Commercial centrePolicy 11
Town centrePolicy 11
Policy 10
Listed buildingPolicy 10
Scheduled MonumentPolicy 10
Policy 10
Antonine Wall World Heritage SitePolicy 10
Gardens and designed landscapesPolicy 10
Townscape protection areaPolicy 10
Conservation areaPolicy 10
Flood risk areaPolicy 9
Local landscape areaPolicy 8
Tree preservation orders within BearsdenPolicy 8
Tree preservation orderPolicy 8
LNCS geodiversity sitePolicy 8
Local Nature Conservation SitePolicy 8
Local Nature ReservePolicy 8
Policy 8
Community facilityPolicy 7
Open spacePolicy 7
Housing sitePolicy 6
Core pathPolicy 4
Indicative Bishopbriggs relief road routePolicy 4
Sustainable transportPolicy 4
Proposed railway stationPolicy 4
Green beltPolicy 3
Place initiativePolicy 3
Council boundary
Note: Areas that are covered by more than one policy may be hatched on the maps so as to show both policies.
also in the green belt.
Reproduced by permission of Ordnance Survey on behalf of HMSO. (C) Crown Copyright and database right 2015. All rights reserved. East Dunbartonshire Council OS Licence Number 100020774.
Local Development PlanProposed Plan: Bishopbriggs and TorranceApril 2015
N
1:10,000
Source: EastDunbartonshireCouncil–EmergingLDP(ProposalsMapExtract)
Representations promoting a master plan for the Westerhill area for mixed use development, incorporating residential, have been submitted to East Dunbartonshire Council.
ThecurrentdevelopmentplancoveringthisopportunityistheGlasgowandClydeValleyStrategicDevelopmentPlan(approved2012)andtheEastDunbartonshireLocalPlan2(adopted2011).
TheadoptedLocalPlan2allocatesthesubjectsiteas‘existingbusiness/industrialland’underPolicyECON1.Therefore,Class4‘business’,Class5‘generalindustry’orClass6‘storageanddistribution’areconsideredgenerallyacceptableonsite.
TheadoptedlocalplanisunderreviewandwillbereplacedbyaLocalDevelopmentPlan(LDP)whichcurrentlyseekstoretaintheadoptedpolicypositionwiththesiteremainingasalocationfor‘businessandemployment’underemergingPolicy13.
The local plan adopted in 2011 is
currently under review
RepresentationshavebeensubmittedtoEastDunbartonshireCouncilinrespectoftheemergingLDPpromotingamasterplanfortheWesterhillarea,partofwhichincludesthisinvestmentopportunity.
Arevisedallocationformixed-usedevelopmentissoughtwiththemixofusesincludingbusiness,industry,residential,commercialleisure,restaurantsandcafés.
AnindicativemasterplanpreparedbySavillstoaccompanytherepresentationsissetoutabove.
IfthemixeduseallocationdoesnotcomeforwardintheemergingLDP(DueforadoptionDecember2016)thoseinterestedinredevelopmentofthesiteforusesotherthanClasses4,5&6canengageinthenextpolicyreviewcyclewhichshouldrunfrom2017to2021.
The emerging LDP is due for
adoption in December 2016
Green beltPolicy3
Indicative Bishopbriggs relief road routePolicy4
Open spacePolicy7
Local Nature Conservation SitePolicy8
Business and employment sitePolicy13
Unallocated
MixofGreenBelt/OpenSpace
Source:WesterhillConsultationReportExtract–SavillsJune2014(IncludedwithinconsultationresponsetoEDCMIRAdditionalSites)
Optional Stage 5relief road completion
N.B. Internal landscaping, formal and informalopen space to be confirmed as partdetailed masterplanning
OwnershipboundaryOwnershipboundary
ProposedBishopbriggsreliefroad
Indicativeinternalroadstobedesignedinlinewith‘DesigningStreets’
Proposedresidential
Proposedemployment
Existingmixeduseconsentprovidingcirca61,000sqmemploymentspaceor33yearslandsupply
Proposedfootpathandcycleroutes(includingimprovementstoWesterhillRoad)
Provisionofgreennetworks
Existingroads
Proposedlandscapingbuffer
Harper Collins Publishers 25 24 Global Distribution HQ | Glasgow
Dawn Homes - Villafield, Bishopbriggs
Source:TheGlasgowandClydeValleyStrategic
DevelopmentPlan(ApprovedMay2012)
3,100PrivatesaleHomes
7,600AffordableHomes
EastDunbartonshireHousingLandSupply
Targetto2025
10,700 NewHomes
26 Global Distribution HQ | Glasgow
This,coupledwiththeperceivedshortageofnewbuildresidentialdevelopmentopportunitieswithintheBishopbriggsmarket,hasresultedinstrongdemandfromthehousebuildingindustryfordevelopmentsites.
Zooplahasrecordedanincreaseinaverageaskingpriceof12%overthelast2yearswithinBishopbriggsandanaverageaskingpriceinthesecondhandmarketof£229,000.
Incloseproximitytothesubjectsite,DawnHomesaredevelopingasiteof36no.4and5bedroomhomeswithaskingpricesintherangeof£325,000to£399,000.InthenearbyRobroyston(adjacenttoBishopbriggs),TaylorWimpeyarelaunchingadevelopmentof76no.4bedroomdetachedpropertiesranginginpricefrom£277,000to£313,000.
TheshortageofnewbuildsitesofthisscaleinBishopbriggsatthistimemeanstherearenomeaningfulcomparablelandtransactions.ThenearestrelevantsiteatRobroyston,isachievingheadlinelandvalues(beforeabnormalcostsandplanninggaindeductions)of£700,000-£750,000pernetdevelopableacre.
Ratherthanrelyingonproximity,itismoreappropriatetolookatcomparablemarketsectors.Forexample,atDargavelVillageinBishopton,TaylorWimpeyareselling4to5bedroomdetachedhomesintherangeof£250,000to£322,000.ArecentclosingdateforanewphaseatDargavelattractedheadlineoffers(beforeabnormalcostsandplanninggaindeductions)inexcessof£900,000pernetdevelopableacre.
GiventhequalityoftheWesterhilllocation,thesizeofthesiteandthenatureofthesurroundingproperties,itisanticipatedthatifthisopportunitywasopenlymarketedwiththebenefitofareasonableplanningconsentforresidentialdevelopment,thenitwouldbeexceptionallyattractivetothehousebuildingindustryandgenerateheadlineoffersintheregionof£800,000to£1,000,000pernetdevelopableacre(beforeabnormalcostsandplanninggaindeductions).
RedevelopmentPotential
From a residential redevelopment perspective, Bishopbriggs is an established, attractive and affluent suburb of Glasgow with well-regarded state primary and secondary schools.
12% increase in residential average asking prices in Bishopbriggs over
the last two years.Source: Zoopla
Strong demand from house building
industry
Netdevelopablelandvaluesof£800,000-
£1,000,000peracre
30 Global Distribution HQ | Glasgow
EPC
TheEPCratingsofthebuildingsareasfollows:
ScottishRating
EnglishRating
DC1 G F
DC2/DC3 G F
Offices E E
Thewarehouseratingsstatedabovearereflectiveoftheequipmentinstalledforthetenantsspecificusage.Inabsenceofthisequipment,wewouldexpecttheEPCratingtoimprovesignificantly.
VAT
ThepropertyiselectedforVATwhichwillbepayableonthepurchaseprice.ItisanticipatedhoweverthatthesalewillbetreatedbywayofaTransferofaGoingConcern(TOGC).
DataRoom
Furtherinformationisincludedwithinthedataroom.PleasecontactCBREtorequestaccess.
Informationincludes:
> Theoccupationallease
> Floorplans
> Title
> InsurancePolicy
> Covenantinformationforthetenantandguarantors
> EPCs
> Additionalphotography
> DesktopEnvironmentalSurvey
> TheGroundLease
Thepurchaserisexpectedtoreviewthegroundleasetitletosatisfyitselfthatitmeetsanyfuturedevelopmentproposalsofthepurchaser.Therelativelyshorttitledocumentforthegroundleasetitleisavailableforreviewonthedataroom.
InvestmentProposal
Offersinexcessof£54,000,000excludingVATareinvited.
Apurchaseatthislevelreflectsanattractivenetinitialyieldof8.94%,assumingpurchaserscostsof6.28%.
SPV
ThepropertyisheldwithintwoSpecialPurposeVehiclesandacorporatesalemaybeconsidered.
Forplanningenquiriespleasecontact
Teri Porter
Tel: +44(0)1412047701Mob: +44(0)7832207326Email: [email protected]
Forconfidentialdebtenquiriespleasecontact:
Andy Tallon
Tel: +44(0)2071822973Mob: +44(0)7985813842Email: [email protected]
DISCLAIMER:
CBRE on its behalf and for the Vendors or Lessors of this property whose Agents they are, give notice that: 1. TheseparticularsaresetoutasageneraloutlineonlyforguidancetointendingPurchasersorLessees,anddonotconstituteanypartofanofferorcontract.2.DetailsaregivenwithoutanyresponsibilityandintendingPurchasers,LesseesorThirdPartiesshouldnotrelyonthemasstatementsorrepresentationsoffact,butmustsatisfythemselvesbyinspectionorotherwiseastothecorrectnessofeachofthem.3.NopersonintheemploymentofCBREhasanyauthoritytomakeanyrepresentationorwarrantywhatsoever in relationtothisproperty.4.Unlessotherwisestated,allpricesandrentsarequotedexclusiveofVAT.ProducedbyDesignworks(www.designwork.co.uk)14753.June2015
Campbell Docherty
Tel: +44(0)1412047722Mob: +44(0)7702988687Email: [email protected]
Martyn Brown
Tel: +44(0)1412047703Mob: +44(0)7919383940Email: [email protected]
Franco Sidoli
Tel: +44(0)2071822121Mob: +44(0)7768610220Email: [email protected]
Edward Spooner
Tel: +44(0)2071822887Mob: +44(0)7976902450Email: [email protected]
FurtherInformationFor further information and access to the data room or to arrange an inspection, please contact: